Easy List Realty Ltd. — Canada's #1 FLAT FEE Brokerage • DIY MLS® Services
Easy List Realty

Multi-Family For Sale in:
Campbellton, NB

500 Vanier Street

Price: $229,000

Permit Ready for 15 Apartments!

Brandon Lusignan

613-913-2625

Questions? Want to book a showing?

Buyer Agent Friendly

The owner is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

Multi-Family For Sale - 500 Vanier Street, Campbellton, NB
10600
Square Feet
2 Storeys
Built in
1953
$2,467
Annual Taxes
1.05 sq ft
Lot Size
Jump to Photo Gallery

Description

Income-Producing Property With Permit-Ready Expansion & Flexible Financing

Well-positioned income and development opportunity offering immediate cash flow and significant long-term upside. The property comprises approximately 10,600 sq. ft. and currently generates approximately $2,400 per month in rental income, providing stable holding income from day one.

Completed building plans and permits are in place for expansion to 15 total units, with an approved zoning variance allowing up to 21 units, offering strong density and redevelopment potential for investors or owner-operators.

The property may be eligible for Campbellton’s Housing Accelerator Fund, with potential access to up to $280,000 in grant funding.

To facilitate a timely transaction, the seller is open to flexible vendor take-back financing for qualified buyers, reducing reliance on traditional lenders and allowing for creative deal structuring.

Key features include:

  • Existing stabilized monthly income
  • Permit-ready expansion plans
  • Strong development and density potential
  • Eligibility for municipal funding incentives
  • Flexible financing options available

An ideal opportunity for purchasers seeking cash flow today with the ability to unlock additional value over time. Seller motivated and open to structured offers.

📩 Contact for additional details, financial information, and photos.

Additional Details

MLS® Number: NB123771
Property Type: Multi-Family
Year Built: 1953
Postal Code: E3N1V7
MLS® Link: View on REALTOR.ca
FSBO ID: 905248